SID (Companhia Siderurgica Nacional) Research & Development: $12 Mil (TTM As of Mar. 2026)


SID Companhia Siderurgica Nacional SID
63 GF Score
Price $0.98
GF Value $2.24
Valuation Possible Value Trap
! 7 Warning Signs
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What is Companhia Siderurgica Nacional Research & Development?

Companhia Siderurgica Nacional SID -5.88% 63 Research & Development is $12 Mil as of Mar. 2026. GuruFocus rates SID with a GF Score™ of 63/100 and a GF Value™ of $2.24 (Possible Value Trap). The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Companhia Siderurgica Nacional's Research & Development for the three months ended in Mar. 2026 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $12 Mil.

Companhia Siderurgica Nacional  (NYSE:SID) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Companhia Siderurgica Nacional Research & Development Related Terms

Companhia Siderurgica Nacional Research & Development Historical Data

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The historical data trend for Companhia Siderurgica Nacional's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companhia Siderurgica Nacional Research & Development Chart

Companhia Siderurgica Nacional Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 11.23 11.90 9.36 15.51

Companhia Siderurgica Nacional Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 3.25 3.60 5.44 0.00
SID
63GF Score
Companhia Siderurgica Nacional SID
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Companhia Siderurgica Nacional Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $12 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $12 Mil mean?
Companhia Siderurgica Nacional (SID) has a Research & Development of $12 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Companhia Siderurgica Nacional and its competitors.
Is Companhia Siderurgica Nacional's Research & Development too high?
Companhia Siderurgica Nacional's current Research & Development is $12 Mil. Overall, Companhia Siderurgica Nacional has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Companhia Siderurgica Nacional's Research & Development compare to NUE and STLD?
Companhia Siderurgica Nacional's Research & Development of $12 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Steel company?
A good Research & Development depends on the Steel industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Companhia Siderurgica Nacional and its competitors. Companhia Siderurgica Nacional's current Research & Development is $12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Companhia Siderurgica Nacional stock overvalued right now?
Based on GuruFocus' analysis, Companhia Siderurgica Nacional (SID) is currently considered Possible Value Trap. The stock's GF Value™ is $2.24, compared to a current price of $0.98 — trading 56.3% below its estimated fair value. The current Research & Development is $12 Mil. Companhia Siderurgica Nacional's overall GF Score™ is 63/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Companhia Siderurgica Nacional (SID), the current Research & Development is $12 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Companhia Siderurgica Nacional (SID) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Siderurgica Nacional stock appears to be undervalued. The current stock price of $0.98 is trading 56.3% below its estimated GF Value™ of $2.24. GuruFocus considers Companhia Siderurgica Nacional to be Possible Value Trap.

Key valuation signals for SID:

  • Research & Development: $12 Mil
  • GF Value™: $2.24 vs. price of $0.98 (56.3% below fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the SID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Companhia Siderurgica Nacional Business Description

Address Avenue Brigadeiro Faria Lima, 3400, 20th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Companhia Siderurgica Nacional is an integrated steel producer. together with its subsidiaries operates in five main business segments: Steel industry: production and marketing of flat and long steels; Mining: extraction, processing and marketing of iron ore, tin, limestone and dolomite; Cement: production and commercialization of bagged and bulk cement, in addition to aggregates, concrete, and other related products; Energy: generation and sale of energy from almost all renewable sources; and Logistics: participations port concessions and fleets of road transport vehicles. The group generates the majority of its revenue from the Steel industry segment. Geographically, it derives a majority of revenue from Asia.
63GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.98
Price
$2.24
GF Value